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Elasticity Of Demand


Elasticity Of Demand

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Item Number:
NDM 23822
Price:
$49.00
Format:
DVD
Length:
15 min.
Copyright:
2005
Closed Caption:
n/a
Producer:
New Dimension Media
Summary:
Using examples from a competitive seafood market and a monopolistic ferry service, this program shows the difference between elastic and inelastic demand. It also plots the graphs that quantify the relative gain or loss of revenue from price increases or decreases in each situation. Re-scripted, re-narrated, and re-edited for North American classroom use.


Series Name:
    Real World Economics Series



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